MagIndustries Corp. (TSX VENTURE: MAA) ("MagIndustries" or the "Company") announced today that the Company expects to release its Year-end 2008 results on Thursday, April 16, 2009.

A conference call for shareholders, analysts and other members of the investment community has been scheduled for Friday April 17, 2009 at 10:00 a.m. Eastern Time to discuss the financial results and provide updates on operations.

Conference call details

MagIndustries will host a conference call to discuss its 2008 year-end results. The Company will also take questions regarding the Kouilou project debt financing led by our advisors BNP Paribas.

To participate in the conference please call the numbers listed below approximately five minutes prior to the scheduled start of the call.

- Toll-free within North America: 1-888-396-8049

- For local and overseas calling: 1-416-764-8685

A recording of the call will be available through April 21. Please dial 1-877-674-6060 (Toll-free) or 1-416-764-8691 (Local) and enter the PIN number 98385 followed by the number sign to listen to the playback.

About MagIndustries Corp.

MagIndustries Corp. is a Canadian company whose common shares are listed on the TSX-V Exchange and trades in Canadian currency under the symbol "MAA". The Company has approximately 288,079,962 shares outstanding on an undiluted basis. MagIndustries' resource subsidiaries are operating and developing major industrial projects in the Republic of Congo and the Democratic Republic of Congo.

Except for historical information, this press release contains forward-looking statements, which reflect the Company's current expectation regarding future events. These forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from those statements. Those risks and uncertainties include, but are not limited to, changing market conditions, and other risks detailed from time-to-time in the Company's ongoing filings. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events in this press release might not occur.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Cusip: 55917T 102

Contacts: MagIndustries Corp. Knut Rodne Director of Communications & Business Development 416-368-7911 krodne@magindustries.com www.magindustries.com

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